The Future of Academic Incubators

Background Evolution of IncubatorsDiversity of IncubatorsLearning Models

Exercise #1: Framing the problem

Incubator Case Studies

Exercise #2: Group design exercise

Reporting Out

Conclusion

Batavia

Make this look good

www.poetsandquants.com

Big forks in the road on incubator models:• Focus: Focused on a single topic/market (like bioscience), or mixed

(entrepreneurship school, small business development center)?• Program spaces: Strictly a working environment, vs work and classroom,

vs live/work/play 24hr immersive?• Location: On a university campus vs within a business/industry area?• Faculty: professors, entrepreneurs, subject matter experts, mix?• Learning modes: what types of learning and doing are supported within

the incubator vs happen elsewhere?

Need graphic for this

Architect: John Friedman Alice Kimm ArchitectsPhoto Credit: www.clearinghousecdfi.com

Architect: John Friedman Alice Kimm ArchitectsPhoto Credits: www.laincubator.org

www.blog.syncfab.comwww.csq.com

Architect: Gould EvansPhoto Credit www gouldevans com

Architect: Gould EvansPhoto Credit: www.gouldevans.com

www.nwmissouri.edu/ciewww.archdaily.com

Architect: Cannon Design and EDA ArchitecturePhoto Credit: www.lassonde.utah.edu/studios

Architect: Cannon Design and EDA ArchitecturePhoto Credit: www.lassonde.utah.edu/studios

Architect: Cannon Design and EDA ArchitecturePhoto Credit: www.lassonde.utah.edu/studios

Credit: Dr. Vanessa Svihla , PhDUniversity of New Mexico, OI&LS begemot_dn

Credit: Daniel PinkA Whole New Mind: Why Right-brainers Will Rule the Future

Need pic

Credit: Spiro & Feltovich Christopher Bratanic

Christopher Bratanic

Chuck SaccoAssistant Dean of Strategic Initiatives, Close School of Entrepreneurship Director, Baiada Institute for Entrepreneurship

A4LE Conference 2016

Formed in 2013 - first freestanding and degree granting school of entrepreneurship

Teaches students to be entrepreneurial thinkers and doers and preparing them create their own opportunities.

Key features: B.A. and M.S. in entrepreneurship Entrepreneurship co-op Living learning community Startup incubator (Baiada Institute)

Formed in 2000; originally part of the business school

Startup lab for student and recent graduates

Incubator facility services provided Work space / furniture / cabinets

24x7 access

High-speed internet / Wi-Fi

Electricity

Collaboration rooms

Whiteboards

LCD screens

Training / board room w/projector

Conference phones

Printer / copier / fax

Reception

Mail stop

Security

Janitorial services

Kitchen (fridge, microwave, oven)

Coffee, water, snacks

Catered food (with events)

Entr. magazine subscriptions

Incubator space 2013 to early 2016 (2nd generation)

2016 Redesign GoalsTighter integration of Baiada with the Close School (physically and programmatically)

Increase number of seats (without increasing ~4800 square footage)

Increase density of seating to enable more “collisions”

More of a co-working “startup feel” – open, visual, 24x7

Writing surfaces everywhere

Provide for resident and early stage (flex) startups

Reduce reliance on collaboration rooms

More workspace for hardware startups

Community manager central in the space

Lessons learnedPOSITIVE ELEMENTS

◦ Space is more utilized than prior◦ More interactions among startups ◦ Underclassmen more visibly interacting

with upperclassmen and alums◦ Significant use of writing surfaces and

movable whiteboards◦ Acceptable use of collaboration rooms ◦ Able to accept more startups including

flex (early stage)

THINGS WE SHOULD HAVE DONE

◦ Lack of proper space for mentors◦ Nap pod ◦ Lack of dedicated maker space

Education + Space = Benefits Incubator affords us the opportunity to extend learning from the classroom to our physical space (real-time lab)

Underclassmen get the benefit of seeing entrepreneurship in action

Upperclassmen / alums get the benefit of identifying new talent

Faculty get the benefit of being closer to the action

Potential students and donors see the possibilities in action

Thank you!

chucksacco@drexel.edu

@chucksacco

www.chucksacco.com

WHAT

The Corzo Center for the Creative Economy

At The University of the Arts

WHY

What makes us who we are?

What do we do?

HOW

Programs for the Public *

• Courses, Lectures & Workshops • One on One Consulting

• Partnerships & Collaborations*All Free

Programs for the University of the Arts Community

• Grant Programs• Mentors & Advisors

• Idea Workshops• Innovation Lab

By the Numbers One Year – 2015-16

• Attendees in Short Courses: 100+ • Attendees in Workshops: 600

• Clients: 300+ Start Ups• Partnerships & Collaborations: 26

What Do We Live On?

• Annual Budget $250,000 +/-• Staff 1 Full Time; 1 Half Time

• Office: 11 x 13 Ft • Workshop Spaces: Borrowed

Making a Virtue Of Being Virtual

Collaborative Programming

A Nimble and Lean Organization

ASkunkWorks

Network Building

People & ProgramsNot Overhead

Reporting Out:Pick 1 spokespersonSummary in 5 minutes or less

- Company and incubator factors

What would an incubator need to serve this company and others, based on the given parameters? Each group to propose a solution that gets specific on:• Spaces and character of the incubator itself (key functional components, what do they feel like)• Relationship to external resources (adjacencies, access) • 5 key skills students must come out of this program having for life and how the proposed framework/design supports this

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Conclusion…Graphic in progress